Thailand to raise at least 5 billion Baht from tax collection on foreign tech firms

The government of Thailand began collecting taxes from foreign technology giants like Facebook, Google, Netflix, and Grab through a VAT imposition last September 1, 2021. According to Ekniti Nitithanpraphas, senior finance ministry official, these platforms offering electronic services must register for VAT payments for continued operations in the country.

Source: https://www.channelnewsasia.com/…/thailand-start…

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